From a general perspective, one could argue that large State transformations are reflected in income, expenditure and employment. The information that the Dane on income (tax and nontax) is easier and more orderly than spending and employment. This difference is explained, in part because the...

When receiving the Nobel Prize, Hurwicz took up the question "who is watching the guards?" and considered two approaches. One pessimistic, inspired by Juvenal, which leads to an infinite sequence of guards, and one idealistic, derived from the Platonic dialogues. The guard cannot get drunk, and...

The article shows that the disjunctive stated by Hernandez et. al. between pay or excise national public debt is not relevant. Discussion should focus on the current price that is paid for national public debt. Treasury is offering TES on the market at an interest rate much greater than DTF....

This paper parts from the work developed by Sen about metaorders and metapreferences to explain illegality as a rational problem. After showing the scope of this categories, the author exposes some limits of the benefit cost analysis of illegality. He continues suggesting that the concept of...

Professor Gonzalez criticizes the separation of the microeconomic and the macroeconomics, he considers this inadequate not only from the theoretical point of view, but also from a pedagogical perspective. The first part of the article shows how economic theory has been built without...

The article searches for quantitative evidence in favor of an extended version of Goodwin´s predator-prey model of endogenous distribution-employment cycles for 16 countries. The model is extended to include several harmonics in both series. The model fits all the observations both within...

Introduction: An estimated 1,399 new cases of pancreatic cancer (PC) and 1,406 deaths from the same cause occurred in Colombia in 2002. We evaluate the cost-effectiveness of multidetector computed tomography (CT), endoscopic ultrasonography (EUS) and positron emission tomography with computed...

This paper presents Léon Walras and Augustin Cournot views on monetary regulation. Important differences can be found in their views about the convenience of the issuing of paper money and fiat money in general. Whereas Walras is against bank notes, even if coming from a central bank, Cournot...